Moneycontrol News Archive

India to grow at 8% in 2011: IMF

9th May, 2011 22:49

The IMF today again revised downwards the country's growth outlook for 2011 to around 8% on the back of high inflation and overall global economic outlook, clouded

Bests deal for the summer traveller  

9th May, 2011 22:43

Spending power is back and travel companies are bristling with a slew of summer travel packages to make the most of the summer vacations, reports CNBC-TV18’s Swati

Farmer protests won't hit Yamuna Expressway proj: JP Infra 

9th May, 2011 22:33

Jaiprakash Infratech is in damage control mode. It says the farmer protests will not impact its Yamuna Expressway project, report CNBC-TV18’s Anshu Sharma and Priy

Stock specific day, Bharti and HUL gain: Udayan 

9th May, 2011 21:54

It was very stock specific today says, Udayan Mukherjee, managing editor, CNBC-TV18. The Nifty closed at 5,550 virtually unchanged from Friday’s closing, he says.

India to keep anti-inflationary policy: Subbarao

9th May, 2011 21:48

India will maintain its anti-inflationary stance even if that means sacrificing growth in the short term, Reserve Bank of India (RBI) governor Duvvuri Subbarao sai

LPG & K-Oil subsidy reform on May 11 EGoM agenda: Sources 

9th May, 2011 20:00

The Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab Mukherjee will be meeting on Wednesday to discuss the health of the state owned oil marke

Pak PM defends ISI, slams US for Op Geronimo

9th May, 2011 19:32

Pakistani Prime Minister Syed Yousuf Raza Gilani on Monday targeted the US and western nations over slain al Qaeda chief Osama bin Laden and terror groups, claimin

CD rates to rise on RBI cap on bank investment in MFs

9th May, 2011 19:28

Interest rates on certificates of deposits (CDs) are likely to rise as demand drops after the Reserve Bank of India's (RBI) directive to banks to cap investments i

BMW to invest $1.4bn in China to tap Asia growth

9th May, 2011 19:28

BMW said on Monday it will invest around 1 billion euros (USD 1.44 billion) to expand production capacity in China as it seeks to capture surging sales growth in t

Air India operates 60% of its flight capacity

9th May, 2011 19:28

Air India today increased its domestic operations by flying over 60% of its daily services as ticket bookings picked up gradually after the ten-day pilots'' strike

PFC subsidiary to offer loan syndication for IPPs

9th May, 2011 19:28

State run Power Finance Corporation (PFC) today said that its subsidiary, PFC Capital Advisory Services (CAS) which would focus on loan syndication for the private

Graphite India Q4 net profit down at Rs 44.5 cr

9th May, 2011 19:10

Graphite India has annouced its declared its fourth quarter results. The company's Q4 net profit was down at Rs 44.5 crore versus Rs 55.6 crore.

PTC India Q4 net profit at Rs 33.5cr 

9th May, 2011 19:01

PTC India net profit was up at Rs 33.5 crore versus Rs 13.9 crore, year-on-year, YoY.

Buy Punjab National Bank; target of Rs 1380: KRChoksey

9th May, 2011 18:47

KRChoksey is bullish on Punjab National Bank (PNB) and has recommended buy rating on the stock with a target of Rs 1380 in its May 5, 2011 research report.

Classrooms in transformation: Smart box is the new teacher 

9th May, 2011 18:40

Suphalaam Technology, a venture started in 2009, developed a smart box that basically allows students to access all the study material on the go. They have sold ab